Question: Question 1 options: Use the information below to answer the questions that follow. Enter your answers using digits only - no dollar signs, commas, or

Question 1 options:

Use the information below to answer the questions that follow. Enter your answers using digits only - no dollar signs, commas, or decimal points. The business's year-end is December 31. Cost of equipment = 300000 Useful life in years = 7 Residual value = 10200 Date purchased = February 28 What is the depreciation expense per year? Question 1 options: Use the information below to answer the questions

Question 1 (6 points) = Use the information below to answer the questions that follow. Enter your answers using digits only - no dollar signs, commas, or decimal points. The business's year-end is December 31. Cost of equipment = 300000 Useful life in years = 7 Residual value = 10200 Date purchased = February 28 What is the depreciation expense per year? A What is the depreciation expense per month? What is the depreciation expense in the year of purchase? AJ

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